Listed by Evermark Commercial Group
$3,500,000
11% Cap Rate Car Wash & Washateria
Details
Property Type Retail, Special Purpose
Sub Type Car Wash, Laundromat
Square Footage 4,850
Cap Rate 11.2%
NOI $392,146
Tenancy Single
Price per SqFt $722
Class C
Acreage 1.000
Retail | 11.20% CAP | 4,850 SqFt
Marketing description
Income producing car wash and washateria
Total building size: ±4,850sf
Lot size: 1.09 Acres
Current NOI: $392,146
Car wash includes: 1 Automatic bay, 4 self service bays, 2 vacuums, & 2 car care stations
Washateria includes: 30 washers, 30 dryers, & 6 folding stations
No future car washes allowed in the city
City water and sewer
±22,000 VPD on Eagle Dr
High growth area near major intersection
Outside of all flood zones
Listing Contacts
Listed by Evermark Commercial Group
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$392,146.00
$32,678.83/mo
Valuation Metrics
0
DSCR
11.2%
Cap Rate
11.2%
ROI
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